The 1994–95 Liga EBA season was the first one of this competition, created to be the new second tier of Spanish basketball.
The six last qualified teams in each group played the relegation playoffs.
The losers of a best-of-five serie were relegated to Segunda División.
The Final Eight of the Liga EBA was held in Gijón.
CB Gran Canaria and Gijón Baloncesto promoted to Liga ACB.